A rare waterfront opportunity on S Bayshore Boulevard in Safety Harbor! Unlock the potential of one of the area’s most sought-after waterfront corridors with this versatile property ideal for redevelopment or renovation. Situated on a 5, 105 sqft lot overlooking Tampa Bay, the existing residence offers 1, 974 sqft of living space with 2 bedrooms, a flex room, and 2 full baths, all within a highly desirable residential enclave just minutes from downtown Safety Harbor. This is a rare opportunity to build a modern single-family home or speculative new construction that capitalizes on premium location, long-term value, and lifestyle appeal. For buyers not looking to build immediately, the current home is rich in character and offers excellent upside with thoughtful updates. Upon entry, you’re welcomed by vaulted ceilings and a statement staircase that anchors the heart of the home. The first floor features a living area, kitchen with waterfront views, and flexible space suitable for a den or additional living area, with room for a full bath. Upstairs, a guest bedroom sits at the top of the stairs, while down the hall the spacious primary suite impresses with soaring ceilings, breathtaking water views, a fully renovated bath, and a walk-in closet. The backyard is fully fenced and professionally turfed, creating a low-maintenance outdoor retreat that’s ideal for entertaining, relaxing, or enjoying the Florida lifestyle. Perfectly positioned near Main Street Safety Harbor, this property offers convenient access to renowned dining, nightlife, boutique shopping, and waterfront parks. Enjoy local favorites such as Nona Slice House, Gigglewaters, and nearby bars while embracing the charm of Safety Harbor and the Tampa Bay lifestyle. Whether renovating or building new, this is a prime Bayshore Boulevard opportunity for homeowners and investors alike. Schedule your tour today!